The Auctions

Auction Advantages

Sell your property quicker

Buyers come together for one big showdown. Our professional team of Auctioneers excite the crowd and motivates the buyers.

Urgency to buy is created

Buy this property now or it will not be available later. When the ads start and the signs and tent go up, people know the property is going to be sold on Auction Day.

Auctions Draw Attention

You create a market for your property. Exposure is enormous compared to conventional efforts. Many times more people are exposed to the property during the “Auction Promotion”. It is concentrated and intense and can be compared to shooting off fireworks vs. turning on a light bulb.

Value can be demonstrated

Traditional sales set the price and bargain down. The auction process demonstrates the value and then “bargains up”.

Auctions freeze the market

It is almost impossible for properties being conventionally marketed to compete with one being auctioned.

High holding cost avoided

15%-20% per year, with 8% or more loss every month from non-performing loan. Thousands of dollars paid in taxes, insurance and maintenance. Liability is an important factor. The sooner the property sells the greater the bottom line dollar.

In today’s ever changing markets, auctions are not only for distressed and foreclosed properties, they are considered “a tool of first choice” by the knowledgeable seller, not an avenue of last resort.

Craig & Wheeler Realty & Auction, LLC